00:00OPEC Plus agreed to boost oil production by 548,000 barrels per day from September in a move that could further reduce gas prices this year.
00:13The group had been curtailing production for years to support oil prices but changed course after calls by U.S. President Donald Trump to ramp it up.
00:23The decision comes amid increasing U.S. pressure to bring Moscow to the negotiating table to end their ongoing full-scale invasion of Ukraine.